– Axis Equity Long Term Fund
– DSP Long Term Fund
Now I want to start an SIP of Rs 10,000 in non-ELSS equity funds. I am an aggressive investor and have 7-10 years time horizon. Kindly suggest me whether I should invest in the funds below:
– Parag Parikh Long Term Equity -g- direct plan (Multicap) – Rs 4,000
– Mirae Asset Emerging Bluechip -g- direct plan (Large and midcap) – Rs 2,000
– Invesco India Contra Fund – Rs 2,000
– L&T Emerging Businesses Fund – g- direct plan (smallcap) – Rs 2,000
–Jawed Alam
Shweta Jain, founder, Investography, responds:
Everyone is an aggressive investor when it comes to returns, and conservative when it comes to risk. Since you have been investing for the last three years, you can now venture into small and midcap funds, too. Mirae is a good start and so is L& T. For Rs 8,000 per month, 2 schemes are enough. They also make a good diversified portfolio.